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TON’s proposal divides the crypto sector

The nuova offerta Golden Visa negli Emirati Arabi Uniti ha acceso il dibattito nel mondo degli asset digitali dopo che The Open Network (TON) ha annunciato una via dedicata agli investitori in Toncoin.

Golden Visa and TON: details of the offer

On Saturday, The Open Network announced that applicants interested in relocating to the United Arab Emirates can obtain a Golden Visa valid for 10 years by investing at least 100,000 dollars in Toncoin (TON) for at least three years, in addition to paying a procedural fee of 35,000 dollars.

The proposal provides for the issuance of residency in less than seven weeks, making this route extremely attractive for those who wish to settle in the Emirates and take advantage of the favorable tax system, in addition to the crypto-friendly environment. The timing, figures, and prospect of rapid acquisition have immediately captured the attention of investors and the community.

CZ expresses doubts about the legitimacy

Changpeng Zhao (CZ), former CEO of Binance and expert in residency procedures in the Emirates, publicly questioned the authenticity of the program. In a post on X, Zhao asked: “Is it true? It would be fantastic IF it were true. But I have received conflicting information so far.”

The central issue concerns the transparency and the official nature of the program. CZ emphasized that there is still no official communication from Emirati government entities. Zhao clarifies: “There are no official government sites with the update ‘stake Ton for golden visa’,” implying that the initiative has not been claimed or approved by ministries or official authorities of the Emirates.

Direct experience of CZ with the Golden Visa

The judgment of CZ carries additional weight when considering that he himself has already obtained the Golden Visa when he moved to the Emirates. This strengthens his position: his in-depth knowledge of the procedures leads him to adopt a cautious attitude, summarized by his statement “trust but verify”.

Reactions of the community and of Pavel Durov

Despite the doubts expressed by Changpeng Zhao, other prominent players in the crypto scene have supported the proposal. Numerous users have recalled that Pavel Durov, CEO of Telegram and a key figure in the TON ecosystem, shared the news by reposting the announcement published by influencer Ash Crypto on X.

Pavel Durov retweets Ash Crypto’s post about the new partnership between the UAE government and TON. Source: X

This endorsement gave an appearance of credibility to the offer, generating a viral effect in the community. The presence of Durov amplified the news, but did not resolve the issues related to governmental officiality.

Impact on the price of TON

The spread of the TON announcement had immediate repercussions on the markets. According to CoinMarketCap data, the price of Toncoin recorded a rally of over 11% in a few hours, demonstrating how speculative sentiment plays a fundamental role in the dynamics of digital assets.

The absence of clear institutional confirmations, however, has not prevented many participants from moving quickly to avoid missing the opportunity. This behavior highlights how sensitive the sector is to announcements and how volatility often follows the news, even before the necessary checks on practical details.

Lack of official sources: checks still in progress

By Sunday afternoon, no official site of the United Arab Emirates, neither the Emirato di Ras Al Khaimah, nor the Autorità per la Segnalazione e i Servizi Finanziari, nor the Autorità di Regolamentazione delle Valute Virtuali or the Abu Dhabi Global Market, reported documentation regarding the “Stake Ton for Golden Visa” program.

This lack of formal updates represents the main obstacle to granting full legitimacy to the proposal. The program is nevertheless presented as managed by a third party, a detail that adds further complexity compared to the typical administrative processes of the Emirates.

Outlook for investors and the crypto sector

The announcement offers, at least on paper, a new fattispecie of Golden Visa focused on digital assets, which could mark a turning point for the migrazione di capitali crypto towards the Emirates. However, the absence of governmental confirmation raises questions about the solidity and sustainability of the model proposed by TON.

  • Investitori: devono chiedersi se sia prudente impegnare capitali significativi senza rassicurazioni da enti ufficiali.
  • Markets: react with enthusiasm, but risk being hit by rapid reversals if the news should be refuted.
  • Regolatori: they might intervene soon to clarify the position regarding these new offerings.

Transparency and regulation: essential elements

In the context of increasing convergence between residenza fiscale and investimenti in crypto, episodes like the one involving TON highlight the need for transparency and regulated procedures. Only a comunicazione chiara from the competent authorities can provide investors with the certainty of operating within a safe and compliant framework.

Furthermore, insufficiently verified initiatives risk fueling uncertainty, damaging trust in the sector and creating fertile ground for potential fraud.

Final observations and possible developments

The announcement of TON and the reactions of figures like Changpeng Zhao and Pavel Durov demonstrate how the combination of Golden Visa and digital assets is a hot and controversial topic today. However, the matter reiterates the importance of always verifying sources and requesting formal guarantees, especially when it comes to opportunities involving significant amounts and residency issues.

Investors interested should stay updated on the evolution of the situation, wait for confirmations from the institutions of the Emirati Arabi Uniti, and carefully evaluate every option before moving capital or relying on programs not fully regulated. Future official communications will be decisive in guiding both the Toncoin market and the migrated dynamics of the entire global crypto industry.

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